Fijian Holdings Limited (FHL) Group has announced a consolidated Net Profit Before Tax (NPBT) of $60.3 million for the fiscal year ending June 30, 2025, representing a 14% decrease compared to the previous year. Despite this decline, the group celebrated several substantial achievements aligned with its strategic goals.
A notable accomplishment for FHL was the completion and occupancy certification of the FHL Tower in Suva in June 2025. This development has become a high-end landmark in the group’s property portfolio. In collaboration with Nawaibuta Properties Pte Limited, FHL also launched a new commercial development project in Korovou, Tailevu. This initiative forms a part of FHL’s Impact Investments and includes commitments of up to $50 million for joint ventures with resource owners.
The company’s subsidiaries posted robust performances, with Merchant Finance Limited boosting its market presence with innovative products targeting underserved demographics. Its loan book has surpassed $200 million. South Sea Cruises continues to be a top performer for FHL, investing in new assets to leverage the growing tourism sector.
These strong performances from subsidiaries like South Sea Cruises, RB Patel Group, and Merchant Finance helped mitigate challenges faced in other areas, such as Basic Industries and a $3.5 million reduction in associate profits. At the holding company level, FHL achieved a profit before tax of $18.7 million, which is an improvement from $16.9 million in the previous year, driven by higher dividend revenues from subsidiaries like South Sea Cruises, FHL Fund Management, and FHL Media.
FHL Chairman Rokoseru Nabalarua remarked that FY2025 was a year marked by both achievements and challenges. He emphasized the group’s commitment to exploring new opportunities while maintaining a disciplined approach to debt and capital deployment. He also expressed confidence in FHL’s ability to adapt and deliver value for stakeholders despite global uncertainties, inflationary pressures, and geopolitical risks.
As of June 30, 2025, FHL’s net assets stood at $707.4 million, an increase from $648.9 million in the previous year, indicating continued growth in investments and capital expansion.
This performance, although reflecting reduced profitability compared to the prior year, demonstrates FHL’s resilience and strategic agility in navigating through challenging economic landscapes. The group’s focus on strategic investments and diversification illustrates its long-term vision and capacity for sustainable growth despite fluctuations in the market.
Leave a comment